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The Fallout from the Real Estate Would Debacle Innocent Bystanders

Wed, 28 May 2008 05:17:22 GMT

Despite evidence to the contrary, some people still believe that ongoing troubles in the residential real estate market only hurt those who made silly mistakes or who were greedy. Like homeowners who took on obligations they couldn't afford or wouldn't ho[More...]

International Minerals Makes Superior Offer to Acquire Metallic Ventures

Fri, 30 Oct 2009 04:47:00 GMT

International Minerals Corporation (TSX:IMZ) and (SIX:IMZ) has made an offer to acquire all of the common shares of Metallic Ventures Gold Inc. ("Metallic," TSX: MVG) for US$24 million in cash and 8.5 million common shares of IMZ.
IMZ's proposal has been determined by the Board of Directors of Metallic to be a superior offer relative to the current offer by Solitario Exploration & Royalty Corp. ("Solitario") to acquire Metallic.
Metallic has issued a news release stating that its Board of Directors recognize that the IMZ proposed acquisition transaction is superior to the terms of the arrangement agreement between Metallic and Solitario, originally announced by Metallic on August 24, 2009, as amended by Solitario on October 13, 2009 (the "Solitario Arrangement Agreement").

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Brian M. Labadie Appointed Chairman of Solitario Exploration & Royalty

Mon, 23 Mar 2009 13:31:00 GMT

Solitario Exploration & Royalty Corp. (NYSE Amex: XPL; TSX: SLR) is pleased to announce Brian M. Labadie has been appointed as Chairman of the Board. Mr. Labadie has been an independent Board member of Solitario since June 2006 and has 30 years of experience in the mining industry. Mr. Labadie will replace Mr. Steven A. Webster as non-executive Chairman due to Mr. Webster's resignation as a board member.[More...]

Solitario Exploration & Royalty Reports 2009 Drilling Plans and Final 2008 Bongara Drilling Results

Tue, 10 Mar 2009 13:34:00 GMT

Solitario Exploration & Royalty Corp. (NYSE Alternext US: XPL; TSX: SLR) announced its initial drilling plans for the 2009 field season and the final 2008 drilling results for its Bongará project.[More...]

Solitario to Revise Previously Issued Financial Statements

Fri, 06 Feb 2009 21:47:00 GMT

During the preparation of its financial results for the year ended December 31, 2008, Solitario Exploration & Royalty Corp. (NYSE Alternext US: XPL) (TSX: SLR) identified an error in its previously reported financial statements. Because Solitario's employee stock options are priced in Canadian dollars and its functional currency is United States Dollars, Solitario should have classified the fair value of its employee stock options as liabilities from January 1, 2006 upon the adoption of Statement of Financial Accounting Standards No. 123R, "Share Based Payment."[More...]

Solitario Exploration & Royalty Reports Additional High-Grade Drilling Results on Its Bongará Zinc Project, Peru - Jan 29 2009 9:44AM

Thu, 29 Jan 2009 13:26:00 GMT

Solitario Exploration & Royalty Corp. (NYSE Alternext US: XPL) (TSX: SLR) announced that it has received assay results for another 19 drill holes (19 other holes were previously reported on January 13, 2009) of 54 core drill holes completed in the last five months on its high-grade Bongará zinc-lead project in northern Peru. Highlights include drill hole V-110 that cut 3.2 meters grading 24.07% zinc, 4.14% lead and 52.8 grams per tonne ("gpt") silver and hole V-130 that intersected 9.0 meters grading 10.17% zinc, 0.95% lead and 7.35 gpt silver. The 54-hole, 16,468 meter program was managed and entirely funded by Solitario's joint venture partner Votorantim Metais.[More...]

Solitario Exploration & Royalty Reports Additional High-Grade Drilling Results on Its Bongara Zinc Project, Peru

Tue, 13 Jan 2009 14:50:00 GMT

Intersects 9.3 Meters Grading 39.51% Zinc + Lead and 70.7 gpt Silver
Solitario Exploration & Royalty Corp. (NYSE Alternext US: XPL; TSX: SLR) announced that it has received assay results for 19 out of 52 core drill holes completed in the last five months on its high- grade Bongara zinc-lead project in northern Peru.
Highlights include spectacular results from drill hole V-44 that cut 9.3 meters grading 37.27% zinc, 2.24% lead and 70.7 grams per tonne ("gpt") silver and hole V-165 that intersected 19.0 meters grading 12.82% zinc, 0.81% lead and 29.4 gpt silver.

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Solitario Exploration & Royalty Reports Additional High-Grade Drilling Results on Its BongarÃ¡ Zinc Project, Peru

Tue, 13 Jan 2009 14:40:00 GMT

Solitario Exploration & Royalty Corp. (NYSE Alternext US: XPL; TSX: SLR) announced that it has received assay results for 19 out of 52 core drill holes completed in the last five months on its high-grade BongarÃ¡ zinc-lead project in northern Peru.
The deposit is open to expansion in all directions.
Chris Herald, President and CEO of Solitario, commented, "Even though we are still awaiting assay results for the majority of 2008 drill holes, results to date already prove that the 2008 drilling program will be the seventh consecutive successful drilling campaign completed by our joint venture partners on our Florida Canyon deposit -- a truly remarkable drilling record.

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Solitario Exploration & Royalty Reports Additional High-Grade Drilling Results on Its Bongará Zinc Project, Peru - Jan 13 2009 10:59AM

Tue, 13 Jan 2009 13:39:00 GMT

Solitario Exploration & Royalty Corp. (NYSE Alternext US: XPL; TSX: SLR) announced that it has received assay results for 19 out of 52 core drill holes completed in the last five months on its high-grade Bongará zinc-lead project in northern Peru. Highlights include spectacular results from drill hole V-44 that cut 9.3 meters grading 37.27% zinc, 2.24% lead and 70.7 grams per tonne ("gpt") silver and hole V-165 that intersected 19.0 meters grading 12.82% zinc, 0.81% lead and 29.4 gpt silver. The 52-hole, 15,000 meter program was managed and entirely funded by Solitario's joint venture partner Votorantim Metais.[More...]

Solitario Announces Additional Mineralization Intersected on Its Pedra Branca Platinum-Palladium Project, Brazil

Tue, 02 Dec 2008 18:15:00 GMT

Solitario Exploration & Royalty Corp. (NYSE Alternext:XPL) (TSX:SLR) announces significant new platinum-palladium ("PGM") drill hole assay results that suggest good potential to establish new mineral resources on its Pedra Branca project in northeastern Brazil. Additionally, Solitario received notice from Newmont de Mexico, S.A. ("Newmont"), a subsidiary of Newmont Mining, that Newmont has elected to terminate its rights under a previously signed joint venture to earn an interest in the Pachuca Real silver-gold project in central Mexico. Solitario will retain 100% interest in the project moving forward.[More...]

Solitario to Present at John Tumazos Very Independent Research, LLC Metals Conference on November 12, 2008

Mon, 10 Nov 2008 14:06:00 GMT

Christopher E. Herald, President & CEO of Solitario, will address attendees at the John Tumazos Very Independent Research, LLC Metals Conference in New York, NY at 4:00 p.m. Eastern time on Wednesday, November 12, 2008.[More...]